Linde to construct on-site plants for Sadara's major chemical complex in Saudi Arabia

4/2/2012, 8:47 AM (Source: GlobeNewswire)
Linde AG /
Linde to construct on-site plants for Sadara's major chemical complex in Saudi
Arabia
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* Total investment: USD 380 million
* Contract opens up further growth opportunities in the Middle East

Munich, 2 April 2012 - The technology group The Linde Group and Sadara Chemical
Company (Sadara) recently signed a long-term contract that will see Linde supply
Sadara with carbon monoxide (CO), hydrogen (H(2)) and ammonia (NH(3)) at a
chemical complex now being built by Sadara in Jubail, Saudi Arabia, which will
be the world's largest chemical complex ever built in a single phase. The on-
site gases supply contract includes a HyCO facility for the production of CO and
H(2) plus an ammonia plant. Linde will be investing USD 380 million in the
project. Sadara, established in October 2011, is a joint venture developed by
Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company (Dow).

"This contract is an excellent opportunity from several perspectives," states
Professor Dr Aldo Belloni, Member of the Executive Board of Linde AG. "It is
Linde's largest on-site petrochemical project in this region, and our first in
Jubail. It thus strengthens our position as a global leader in the generation
and supply of carbon monoxide for MDI and TDI production plants at integrated
chemical hubs. The petrochemical industry is expanding rapidly in Saudi Arabia.
We expect that this growth will give added momentum to the expansion of our
gases and engineering business in the Middle East."

Linde's Engineering Division will design, deliver and construct the new turnkey
gases facilities at Sadara's site in the Jubail 2 petrochemical cluster. The
company will be building a two-stream HyCO plant, plus a single-stream NH(3)
unit producing waterless liquid ammonia. Linde will also install a large NH(3
)storage tank, resulting in a sophisticated supply concept which will enable the
plant to run smoothly and reliably at all times. The production units are
scheduled to be ready in 2015. Once built, they will be operated by Linde's
Gases Division. Linde is setting up a local gases company for on-site support.

Sadara will use carbon monoxide, hydrogen and ammonia primarily for the
production of aromatics, isocyanates (MDI and TDI), amines and hydrogen
peroxide. Methylene diphenyl diisocyanate (MDI) and 2,4 toluene diisocyanate
(TDI) are used in the production of polyurethanes  - an essential component in
many products ranging from synthetic fibres through insulating foam and
adhesives to mattresses and car seats.

Sadara will construct, own and operate a world-scale integrated chemicals
complex in Jubail Industrial City II in Saudi Arabia. Sadara will have a
differentiated product mix, most of which are produced locally for the first
time. This differentiation will create further growth opportunities for
conversion and downstream industries in the adjacent PlasChem Park.



The Linde Group is a world-leading gases and engineering company with around
50,500 employees in more than 100 countries worldwide. In the 2011 financial
year, it achieved sales of EUR 13.787 bn. The strategy of The Linde Group is
geared towards long-term profitable growth and focuses on the expansion of its
international business with forward-looking products and services. Linde acts
responsibly towards its shareholders, business partners, employees, society and
the environment - in every one of its business areas, regions and locations
across the globe. The Group is committed to technologies and products that unite
the goals of customer value and sustainable development.

For more information, see The Linde Group online at http://www.linde.com

Further information:

Media Investor Relations
Matthias Dachwald Lisa Tilmann
Telephone: +49.89.35757-1333 Telephone: +49.89.35757-1328

Stefan Metz
Telephone: +49.89.35757-1322



--- End of Message ---

Linde AG
Klosterhofstrasse 1 Munich Germany

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Press Release as PDF:
http://hugin.info/125064/R/1599225/504528.pdf



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